About Hang Lung Properties Limited (HLPPF) — Dividend Analysis 2026
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties. Its investment properties portfolio includes shopping malls, office, residential, serviced apartment, hotel, and car parking properties, as well as industrial premises. The company also engages in the apartment operating and management; project management; and property agency activities. In addition, it provides management and financial services. The company was incorporated in 1949 and is headquartered in Central, Hong Kong. Hang Lung Properties Limited is a subsidiary of Hang Lung Group Limited.
Is HLPPF a good dividend investment in 2026?
HLPPF offers a 5.75% forward yield with a 50% payout ratio. Strand Safety Score: 78/100 (Safe). The 5-year dividend CAGR of 51.4% demonstrates strong, consistent growth that outpaces inflation.
HLPPF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your HLPPF portfolio grows to $12.09M vs $10.35M without reinvestment. This is the compound interest effect in action.
HLPPF dividend growth history & forecast
HLPPF has grown its dividend by 0% over the last year and 51.4% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 5.75%.
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+1.8B → +2.2B → +4.0B
8 / 30 pts
8/30
Net income is positive but trending down — watch for further deterioration
OVERALL ASSESSMENT
Dividend appears safe — fundamentals solid with moderate concerns.
STRAND SCORE
78
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 HLPPF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HLPPF.
Gross yield
5.75%
Tax rate
15.00%
After-tax yield
4.89%
Real yield (−CPI)
2.09%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
5.75%
2.95%
$575 / yr
🇺🇸 US Taxable (15%) ✓
15%
4.89%
2.09%
$489 / yr
🇺🇸 US Taxable (20%)
20%
4.60%
1.80%
$460 / yr
🇬🇧 UK ISA
0%
5.75%
2.95%
$575 / yr
🇬🇧 UK Taxable
8.75%
5.25%
2.45%
$525 / yr
🇨🇦 TFSA
0%
5.75%
2.95%
$575 / yr
🇨🇦 CA Taxable
25%
4.31%
1.51%
$431 / yr
🇦🇺 Super (pension)
15%
4.89%
2.09%
$489 / yr
🇦🇺 AU Taxable
30%
4.02%
1.22%
$402 / yr
🇩🇪 DE Taxable
26.375%
4.23%
1.43%
$423 / yr
🇫🇷 FR Taxable
30%
4.02%
1.22%
$402 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 HLPPF Income Goal & Break-Even
Dividend Break-Even
6yr
Years for dividends to fully repay your HLPPF investment of $1.16/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$101.7K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$99.2K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in HLPPF for:
Shares needed
423,318
Capital required
$491,049
Monthly income
$2,000
Based on current dividend of $0.07/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HLPPF Dividend Payment Schedule
HLPPF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.14 / payment
$0.57 / year after tax
100 shares
$1.42 / payment
$5.67 / year after tax
1,000 shares
$14.17 / payment
$56.69 / year after tax
📊 HLPPF vs Real Estate Benchmarks
How HLPPF compares to typical Real Estate averages.
Benchmark: Real Estate
Dividend Yield▲+0.55% vs sectorBetter
HLPPF
5.75%
avg
5.20%
5Y Dividend CAGR▲+47.30% vs sectorBetter
HLPPF
51.40%
avg
4.10%
Payout Ratio▲-28.00% vs sectorBetter
HLPPF
50.00%
avg
78.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for HLPPF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ HLPPF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
0.48
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the HLPPF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →